News

Co-op, First Tech FCU renew and expand partnership

November 7, 2017

Co-op Financial Services, a credit union service organization, and First Tech Federal Credit Union have agreed to renew and expand their 8-year-old partnership, according to a press release.

First Tech is the nation's seventh largest credit union, with $11 billion in assets and 500,000 members.

First Tech renewed its existing agreement with Co-op for signature and PIN debit processing and ATM terminal driving services. The CU, a Co-op shareholder will also continue to participate in the Co-op ATM and Co-op Shared Branch networks.

Additionally, the Mountain View, California-based FI has signed on for Co-op Full-Service Credit processing and Member Rewards by Co-op.

Co-op Full-Service Credit processing combines analytics, fraud detection, risk management and loyalty in a highly integrated, fully hosted and managed card processing program, the release said.

Member Rewards by Co-op makes rewards tracking and redemption easy for members, while offering credit unions analytics, targeting, rewards choices and operational simplicity, according to the CUSO.